Nick Merker Quoted in <i>Indiana Lawyer</i>: "Emerging Smart Contracts Offer Possibilities and Risks Nick Merker Quoted in <i>Indiana Lawyer</i>: "Emerging Smart Contracts Offer Possibilities and Risks

Nick Merker Quoted in Indiana Lawyer: "Emerging Smart Contracts Offer Possibilities and Risks"

Ice Miller partner Nick Merker was quoted in the Indiana Lawyer article, "Emerging Smart Contracts Offer Possibilities and Risks."

The article included:

“In short, it’s just a layer on top of the blockchain (used) to execute things automatically,” said Nick Merker, a partner at Ice Miller, where he is the co-chair of the firm’s data security and privacy practice.

“The whole purpose of smart contracts is so they’re irreversible,” said Merker. “If someone (exploits) a security vulnerability to fraudulently execute that smart contract, then whatever they’ve taken out of that is just gone.”


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